UK 100 IndexLong
1.35 trillion euros till June 2021
Updated
A good analogy would be inserting a couple of mentos candies into a bottle of Coke. Then shake it for a while and you open the cap and see what happened.
The carbonated drink would fizzled out explosively, gushing out from the mouth of the bottle as fast as it could.
Similarly ,with the trillion of euro dollars to be pumped into the system by ECB, the stock market would also enjoy an explosive growth.
Compared with SPX500, UK index still has a long way to catch up.
Whilst SPX 500 still has about 6% more to rise before it revisit the peak at 3396 level, UK index has 3 times about, ie. 18% to reach 7659 level.
Just watch the bullish trend line for UK index remains intact. If it breaks down (which is unlikely for this year), then this trade opportunity ceased.
The carbonated drink would fizzled out explosively, gushing out from the mouth of the bottle as fast as it could.
Similarly ,with the trillion of euro dollars to be pumped into the system by ECB, the stock market would also enjoy an explosive growth.
Compared with SPX500, UK index still has a long way to catch up.
Whilst SPX 500 still has about 6% more to rise before it revisit the peak at 3396 level, UK index has 3 times about, ie. 18% to reach 7659 level.
Just watch the bullish trend line for UK index remains intact. If it breaks down (which is unlikely for this year), then this trade opportunity ceased.
Note
Patience pays off, Praise God
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.